Hey there, fellow creators and entrepreneurs! If you’re intrigued by the idea of teaming up with Parker and Scott for a consignment relationship that’s both hassle-free and mutually beneficial, you’re in the right place. We’ve put together a handy FAQ section below to address any burning questions you might have. If you like what you see and want to dive in, we have an easy-to-fill application form ready and waiting for you. Let’s join forces and make your items shine in our store!
How much product should I bring to you?
The quantity of inventory supplied to Parker and Scott is a collaborative decision between our team and consignment partners. We recognize that the right balance is key, taking into account factors such as available space, seasonal variations, and the overall product mix within the shop.
Who gets to pick what you sell?
We’ll join forces in the selection process to identify the perfect items from your inventory that align with the preferences of our valued customers. Our goal is to spotlight products that truly stand out amidst the array of offerings within our store.
Do I need to set up my stuff?
Nope, the Parker and Scott team takes care of everything related to the display and merchandising of your products in our shop. You can sit back and relax while we make your items shine.
How do you ensure my items are safe?
While Parker and Scott take every precaution to maintain a secure shopping environment, we acknowledge that unforeseen circumstances can occur. In the event of theft or damage to your items while under our care, we assume responsibility for the associated costs, deducting any applicable seller commission.
Who sets the pricing for items in the shop?
We always follow your lead but suggest that pricing is established collaboratively, considering factors like market demand, product rarity, and competitive pricing within our shop. Our aim is to achieve a fair and competitive price point for your consigned items.
How and when do I get paid?
Payouts are processed within the first seven days of each month and encompass all sales from the previous month. We make payments through electronic platforms like Venmo or Zelle for your convenience.
Will I have to sign a contract?
To ensure clarity and mutual understanding, all consignors entering into a partnership with Parker and Scott will be required to sign a consignment contract. This contract outlines the terms and conditions of our consignment relationship, including responsibilities, duration, and compensation details. We believe in transparency and want to ensure that both parties are on the same page from the get-go.
What are the terms of your consignment agreements?
Our typical terms for consignment agreements are set at 60/40 in favor of the consignor. This means that you, as the consignor, will receive 60% of the price, while Parker and Scott will retain 40%. We believe in providing a fair and competitive compensation structure to reward you for your exceptional products and to foster a mutually rewarding partnership.
Reporting and Transparency
You’ll have access to monthly reports detailing the performance of your consigned items, including sales data and customer feedback, to keep you informed about how your products are faring in our store. Plus, you can reach us on Instagram and email any time.
Promotion and Marketing
We actively promote our consigned products through various marketing channels, both online and in-store, to maximize their visibility and sales potential. We’re in this together and view it as our job to help bring awareness to your awesome work.
What do you need from me to get started?
You’ll find a handy application form here that covers all the details we require. It streamlines the process, ensuring we have all the necessary information to get your items on our shelves promptly.